Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Marathon Digital Holdings Inc’s current trading price is -41.89% away from its 52-week high, while its distance from the 52-week low is 176.66%. The stock’s price range over this period has fluctuated between $7.16 and $34.09. The company, operating within the financial sector, had a trading volume of approximately 16.56 million for the day, which was noticeably lower than the average daily share volume of 45.92 million over the last 3 months.
Marathon Digital Holdings Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $34.09 on 02/28/24 and a low of $7.16 for the same time frame on 10/06/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Marathon Digital Holdings Inc (MARA) has experienced a quarterly rise of 12.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.41B and boasts a workforce of 60 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.21, with a change in price of -7.27. Similarly, Marathon Digital Holdings Inc recorded 53,103,500 in trading volume during the last 100 days, posting a change of -27.00%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MARA stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.14.
MARA Stock Stochastic Average
Today’s raw stochastic average for Marathon Digital Holdings Inc over the last 50 days is 54.90%.This indicates a increase from the raw stochastic average of the past 20 days, which was 28.09%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 22.06% and 24.08%, respectively.
MARA Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -15.67% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -22.71%. Over the past 30 days, the price of MARA has leaped by -0.11%. And in the last five days, it has fallen by -1.79%.